By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, May 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower for the third consecutive day on Thursday, tracking losses in Chicago Board of Trade (CBOT) soybean oil prices, a trader said.
KUALA LUMPUR, May 14 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has started shipping engineering samples of "TB9M040FTG", a motor control device with built-in power MOSFETs for three-phase brushless DC motor drives.
KUALA LUMPUR, May 14 (Bernama) -- Nippon Kinzoku Co Ltd has announced the strengthened promotion of "L-Core", a functional stainless steel, repositioning it as an "Eco-Product" to support sustainable manufacturing.
KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)
KUALA LUMPUR, May 12 (Bernama) -- The investment incentives offered by the government to foreign companies should not be seen as “paying companies to come”, but rather as a strategy to develop an industrial ecosystem, build local talent, and strengthen Malaysia’s technological capabilities.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, May 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking gains in Chicago Board of Trade (CBOT) soybean oil prices, a trader said.
KUALA LUMPUR, May 11 (Bernama) -- AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a+” (Excellent) to Taiwan’s Tokio Marine Newa Insurance Co Ltd (TMNewa), with a stable outlook.
KUALA LUMPUR, May 11 (Bernama) -- BMI, a unit of Fitch Solutions, expects Bank Negara Malaysia (BNM) to leave the overnight policy rate (OPR) on hold at 2.75 per cent at its next meeting on July 9, following the central bank’s May 7 rate decision.
KUALA LUMPUR, May 11 (Bernama) -- The 139th Canton Fair in Guangdong Province concluded with a record number of overseas buyers, underscoring continued global demand for Chinese products and manufacturing innovation.
KUALA LUMPUR, May 11 (Bernama) -- Bank Negara Malaysia (BNM) and Bank Indonesia (BI) have signed a new memorandum of understanding (MoU) that strengthens bilateral cooperation between the two central banks.
PUTRAJAYA, May 11 (Bernama) -- The government is refining the appropriate threshold between those who should receive petrol subsidies and those who can be excluded as part of the effort to implement a more targeted subsidy mechanism, said Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, May 11 (Bernama) -- Foreign investors turned net buyers of equities last week after three weeks of net selling, with a net inflow of RM95.2 million against a net outflow of RM160.8 million in the preceding week, according to CIMB Securities Sdn Bhd.
